Matthew D. Krueger, the United States Attorney for the Eastern District of Wisconsin, announced that Richard J. Clark (age 71) was sentenced on May 21, 2019 in federal court in Milwaukee to 14 months in prison, to be followed by three years of supervised release, and ordered to pay $213,000 in restitution to the IRS.
Clark, who resides in Mukwonago, previously operated Foremost Realty, LLC, a real estate business that listed, maintained, and sold foreclosed property in southeastern Wisconsin. During the years 2008 - 2013, Clark, through his business, received approximately $1.6 million in commissions. Despite receiving these commissions, Clark filed tax returns that either listed $0 on all lines of the returns, reporting no income or tax obligations, or reported very minimal income and taxes. As a result, during the years 2008-2013, Clark evaded more than $400,000 in federal income taxes.
Clark was previously the subject of a civil action brought by the U.S. Department of Justice concerning his 2002-2007 tax returns, on which Clark also reported no income or taxes. At sentencing, Clark acknowledged his former tax-protestor beliefs but stated that he had abandoned those misguided beliefs and intended to dedicate himself to making amends and repaying the taxes he owes.
This matter was investigated by the criminal investigation division of the Internal Revenue Service. The prosecution was handled by Assistant United States Attorney Matthew L. Jacobs. #
Source: U.S. Department of Justice, Office of the United States Attorneys
